Time Clock, Nov. 29, 1954

CORPORATE BOOKS must now be opened to unions when employers claim
inability to pay as the basis for refusing wage increases. The NLRB, in
a test case brought by the A.F.L. Iron Workers against North Carolina's
Truitt Manufacturing Co., ruled that an employer must open the books
even though the profit disclosure hurts his competitive position.

GAMBLING HOUSES in Nevada will rack up the biggest winnings in history
for 1954, predicts the State Tax Commission, which gets a 2% tax on
gross winnings. Gamblers' estimated take: $90 million.

COLORED STRIPES on taxpayers' envelopes, which the Bureau of Internal
Revenue hoped would make it...